The Europe commercial air traffic management market is expected to grow from US$ 1,442.97 million in 2022 to US$ 2,734.54 million by 2030. It is estimated to grow at a CAGR of 8.3% from 2022 to 2030.
Growing Aircraft Delivery Volumes is Driving the Europe Commercial Air Traffic Management Market
The growing number of aircraft deliveries is fueling increased demand for various aircraft operations, which in turn creates new opportunities for commercial air traffic management market vendors across different regions. This rising need for aircraft communication, navigation, pilot interfaces, flight plan negotiation, and other flight operations is a significant factor in the global rise of aircraft deliveries. Therefore, the expanding volume of worldwide aircraft deliveries is expected to significantly contribute to the growth of the commercial air traffic management market. Moreover, the advent of next-generation fuel-efficient commercial aircraft models and the proliferation of low-cost airlines are dramatically increasing aircraft movement volumes at airports globally. This phenomenon is prompting civil aviation authorities in both developed and developing countries to invest in new airport infrastructure to accommodate the expanding aircraft fleet. The rising construction of new airports across various countries is also intensifying the demand for commercial air traffic management. These developments not only lead to an increase in the aircraft fleet within a country but also facilitate the integration of air traffic management systems into newly built airports. Such advancements are anticipated to strongly drive the growth of the Europe commercial air traffic management market.
Download our Sample PDF Report
@ https://www.businessmarketinsights.com/sample/BMIRE00027914
Europe Commercial Air Traffic Management Strategic Insights
Strategic insights for the Europe Commercial Air Traffic Management market offer a data-driven analysis of the industry landscape, covering current trends, key players, and regional specificities. These insights provide actionable recommendations, empowering readers to distinguish themselves from competitors by identifying untapped market segments or formulating unique value propositions. By harnessing data analytics, these insights assist industry stakeholders—whether investors, manufacturers, or other parties—in foreseeing market shifts. A forward-looking perspective is crucial, enabling stakeholders to anticipate market changes and strategically position themselves for enduring success in this dynamic region. Ultimately, potent strategic insights equip readers to make well-informed choices that boost profitability and achieve their business objectives within the market.
Europe Commercial Air Traffic Management Market Segmentation
Europe Commercial Air Traffic Management Market By Type
- Air Traffic Services
- Air Traffic Flow Management
- Airspace Management
Europe Commercial Air Traffic Management Market By Component
- Hardware
- Software
Europe Commercial Air Traffic Management Market By Application
- Communication
- Navigation
- Surveillance
- Traffic Control
Europe Commercial Air Traffic Management Market By Airport Class
- Class I
- Class II
- Class III
- Class IV
Europe Commercial Air Traffic Management Market Regions and Countries Covered
Europe
- UK
- Germany
- France
- Russia
- Italy
- Rest of Europe
Europe Commercial Air Traffic Management Market leaders and key company profiles
- BAE Systems Plc
- Honeywell International Inc
- Indra Sistemas SA
- L3Harris Technologies Inc
- Leonardo SpA
- NEC Corp
- Raytheon Technologies Corp
- Saab AB
- SITA SC
- Thales SA
About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications
